The budgeted unit sales of Hirst Company for the upcoming fiscal year are provided below:

The company€™s variable selling and administrative expenses per unit are $2.75. Fixed selling and administrative expenses include advertising expenses of $12,000 per quarter, executive salaries of $40,000 per quarter, and depreciation of $16,000 per quarter. In addition, the company will make insurance payments of $6,000 in the second quarter and $6,000 in the fourth quarter. Finally, property taxes of $6,000 will be paid in the third quarter.
Required:
Prepare the company€™s selling and administrative expense budget for the upcoming fiscal year. Also include the cash disbursements for selling and administrative expenses as per Schedule 7.

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First Quarter Third Quarter Fourth Quarter Second Quarter 12,000 14,000 11,000 10,000 Budgeted unit sales.... ..... ..... .......